I wanted to share a chart of CME volumes. As you can see, the maximum volume for the whole growth from $4000 to $10500 goes into the $9800 zone. In my opinion, this is a call to the fact that we are in the last part of the distribution, as big players will not enter the maximum volumes in the middle of the trend. So somebody scored a good shorts for Halving. But... don't forget that there is always a Manipulation between Accumulation and Distribution, which means that before going down there is very likely a shorts squeeze. The Bitmex and other graphs are basically similar, but there are volume peaks in the $8850 zone. Day Range/Volatility has dropped to minimums. And they're very cyclical in nature...
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